Relevant bibliographies by topics / Farmers' microcredit / Journal articles
To see the other types of publications on this topic, follow the link: Farmers' microcredit.

Journal articles on the topic 'Farmers' microcredit'

Author: Grafiati
Published: 10 September 2021
Last updated: 3 February 2022

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 journal articles for your research on the topic 'Farmers' microcredit.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.

1

Orimogunje, Ronke Victoria, Ayodeji Sunday Ogunleye, and Ayodeji Damilola Kehinde. "Effect of Microcredit on Profit Efficiency of Small-Scale Poultry Farmers Oyo State, Nigeria." Agricultura 17, no. 1-2 (May 30, 2021): 37–46. http://dx.doi.org/10.18690/agricultura.17.1-2.37-46.2020.

Full text
Abstract:
This study investigated the effect of microcredit on profit efficiency of small-scale poultry farmers in Oyo State. Multistage sampling procedure was used to select two hundred poultry farmers for the study. Data collected were analysed using descriptive statistics, Heckman selection model, stochastic frontier and Tobit models. Result from descriptive statistics showed that men (78%) are predominantly involved in poultry production. The average age of poultry farmers in the area of study is approximately 43 years. Most of the farmers are married (77.5%) and literate (80.5%). Furthermore, most of the respondents (73.5%) had access to microcredit with 87.5% belonging to one farmer’s association or the other. Heckman two-stage selection model revealed that membership of cooperative/farmer’s association and contact with extension agent are the significant factors influencing farmer’s access to microcredit. The second stage of the model reveals that age, years of education, household size, years of farming experience, distance to source of microcredit, timeliness of microcredit and stock size are the significant factors influencing the amount of microcredit obtained by farmers. Results obtained from the stochastic frontier model showed that smallholder poultry farmers had an average profit efficiency of 54.0% in poultry production. Furthermore, the Tobit model (Model 1) results revealed that amount of microcredit, distance to source of microcredit, interest rate and loan repayment period significantly influenced farmer’s profit efficiency while in the second model, years of formal education, poultry farming experience and membership of cooperative/farmer’s association influenced farmer’s profit efficiency. The results of two-side censored Tobit model suggest that microcredit variables are the most favourable variables for line of action. This suggested that policy makers should ensure that microcredit available through the agricultural credit programmes get to the needy farmers.
APA, Harvard, Vancouver, ISO, and other styles
2

Agyemang, Sylvester Amoako, Tomáš Ratinger, and Samuel Ahado. "Has microcredit boosted poultry production in Ghana?" Agricultural Finance Review 80, no. 2 (November 27, 2019): 135–52. http://dx.doi.org/10.1108/afr-03-2019-0030.

Full text
Abstract:
Purpose The purpose of this paper is to determine the impact of microcredit on smallholder poultry production and its subsequent role on domestic protein and food supply. Design/methodology/approach Cross-sectional farm-level data from 61 farmers with at least two years of microcredit access and 39 farmers without microcredit access in the Dormaa Municipality of Ghana collected in 2016 via semi-structured questionnaire were used. Using the propensity score matching, PSM, and data envelopment analyses approaches, the authors analysed the propensity of farmers’ taking microcredit and its effect on beneficiaries’ technical efficiency, productivity, profitability and domestic production of chicken and eggs, farm performance. The authors addressed selection biases with the PSM and answered the research question of whether farmers with microcredit access perform better than non-microcredit farmers. Findings Farmers with high years of education, farming experience, technology and machinery as well as micro-savings and female farmers are more likely to take microcredit whereas large farm size reduces farmers’ propensity to take microcredit. Furthermore, farms with microcredit access were more technically efficient, productive and profitable than they would have been in the absence of microcredit. Practical implications The paper can be useful to policymakers and microcredit institutions since it provides evidence of microeconomic impacts of microcredit on agricultural production and the determinants of farmers’ participation in microcredit. Originality/value The study helps to understand how access to credit can improve smallholders’ technology adoption, production efficiency and productivity and output thereby enhancing domestic food supply.
APA, Harvard, Vancouver, ISO, and other styles
3

Ji, Wei, and Xue Fang Zhang. "Research on Risk Assessment of Farmers’ Microcredit Based on BP Neural Network." Applied Mechanics and Materials 121-126 (October 2011): 1068–72. http://dx.doi.org/10.4028/www.scientific.net/amm.121-126.1068.

Full text
Abstract:
Our government always pushes hard forward the farmers’ microcredit of the rural credit cooperation. But actually, its risk is higher than other kinds of loan. Based on analyzing the risk of farmers’ microcredit, this paper builds risk assessment index system of farmers’ microcredit by using BP neural network. Through the paper, it can provide essential support and practical application for relative departments of farmers’ microcredit.
APA, Harvard, Vancouver, ISO, and other styles
4

Qin, Ming, Cheryl Joy Wachenheim, Zhigang Wang, and Shi Zheng. "Factors affecting Chinese farmers’ microcredit participation." Agricultural Finance Review 79, no. 1 (February 4, 2019): 48–59. http://dx.doi.org/10.1108/afr-12-2017-0111.

Full text
Abstract:
Purpose The purpose of this paper is to investigate factors affecting use of microcredit among farmers in Northern China. Design/methodology/approach A two-stage Heckman model is used to estimate the effect of farmer and family characteristics and loan and lending environment on likelihood of farmer participation in microcredit and the value of loans taken. Data from 342 first-hand observations in Northern China were used. Findings Social capital, production cost, non-labor family members, income, guarantee group membership, village head loan guarantee, and messenger use were found to increase use of microcredit. The same factors were found to affect the value of loans among participating farmers except a guarantor requirement for the loan replaces membership in a guarantee group. Practical implications Results support that there is demand for microcredit among farmers and that they are willing to take steps to obtain it including seeking membership in a household guarantee group. Identification of faced constraints facilitates understanding of supply-side efforts with potential to decrease financial exclusion with a focus on external-to-market intervention. Originality/value Pivotal findings are the importance of guarantee group membership for loan approval and that this requirement hinders farmers’ ability to obtain credit. Three alternatives are suggested to overcome this constraint including excluding low-risk borrowers from a group guarantee requirement; charging higher interest rates on high risk loans not supported by a guarantee; and development of insurance options to replace the guarantee.
APA, Harvard, Vancouver, ISO, and other styles
5

Mariyono, Joko. "Microcredit and technology adoption." Agricultural Finance Review 79, no. 1 (February 4, 2019): 85–106. http://dx.doi.org/10.1108/afr-05-2017-0033.

Full text
Abstract:
Purpose The purpose of this paper is to analyze the impact of microcredit and agronomic technology on farm households’ prosperity, and to determine important factors affecting farmers’ access to microcredit and technology adoption in Indonesian intensive farming. Design/methodology/approach The focus of the study was farmers engaging with chili-based agribusiness in rural areas. Data for this study were compiled from a survey that interviewed 250 farm households. Samples of the study were randomly selected from chili farming community in three regions of Java during 2013–2014. Data were analyzed using structural equation modeling (SEM). Findings Microcredit provided positive direct and indirect impacts on household prosperity. Microcredit indirectly impacted the well-being through the mediation of technology adoption. Farmers’ characteristics and agribusiness environment determined farmers’ decision to access microcredit and adopt advanced technology. Microcredit and technology have enhanced farmers’ well-being through pathways that enabled farmers to develop farming scale. Practical implications The government should offer more alternatives to advanced technology and flexible procedures of access to credit at the same time to ensure sustained pathways of rural economic growth in Indonesia. Originality/value This paper applied a SEM to a proposition of simultaneous causal interrelations among microcredit, technology and farmers’ prosperity.
APA, Harvard, Vancouver, ISO, and other styles
6

Asante-Addo, Collins, Jonathan Mockshell, Manfred Zeller, Khalid Siddig, and Irene S. Egyir. "Agricultural credit provision: what really determines farmers’ participation and credit rationing?" Agricultural Finance Review 77, no. 2 (July 3, 2017): 239–56. http://dx.doi.org/10.1108/afr-02-2016-0010.

Full text
Abstract:
Purpose The purpose of this paper is to analyze determinants of farmers’ participation and credit rationing in microcredit programs using survey data from Ghana. Design/methodology/approach The authors use the Garrett Ranking Technique to analyze farmers’ reasons for participation or non-participation in credit programs, a probit regression model to estimate factors influencing farm households’ participation, and the Heckman’s sample selection model to identify factors influencing farm households’ probability of being credit rationed by microcredit programs. Findings The results reveal that farm households participate in credit programs because of improved access to savings services and agricultural loans. Fear of loan default and lack of savings are reasons for non-participation in credit programs. Furthermore, membership in farmer-based organizations (FBOs) and the household head’s formal education are positively associated with farmers’ participation in credit programs. The likelihood of farmers being credit rationed (i.e. their loan applications were either rejected or the amount of credit they applied for was reduced) is less likely among higher income farmers and members of FBOs such as farmer cooperatives and savings clubs. Practical implications The findings suggest that policy strategies aiming to improve access to savings and credit services should educate farmers and strengthen FBOs that could serve as entry points for financial service providers. Such market smart strategies have the potential to improve farmers’ access to financial services and reduce rural poverty. Originality/value Although existing studies have examined farmers’ participation in credit markets and credit rationing separately, the unique contribution of this paper is the analysis of participation in microcredit programs as well as the likelihood of farmers being credit rationed in Ghana.
APA, Harvard, Vancouver, ISO, and other styles
7

Wati, Dewi Rohma, Nunung Nuryartono, and Lukytawati Anggraeni. "AKSES DAN DAMPAK KREDIT MIKRO TERHADAP PRODUKSI PADI ORGANIK DI KABUPATEN BOGOR." JURNAL EKONOMI DAN KEBIJAKAN PEMBANGUNAN 3, no. 2 (February 4, 2018): 75–94. http://dx.doi.org/10.29244/jekp.3.2.75-94.

Full text
Abstract:
The ultimate problem of organic paddy farm is limited access formal credit due to collateral requirement. Farmers only have access to semi-formal institution like cooperatives and group of farmers (Gapoktan.red) because of simplicity of administration procedure and payment system. The objectives of this study are to analized accessibility of micro-credit to organic paddy farmers in Bogor and its impact to production of organic paddy. With Heckman Sample Selection Model, we found that access of credit influenced negatively by age of farmers, number of household member, membership of farm group, and the acreage of land use. Microcredit give significant impact to production of organic paddy and it is simultaneous with fertilizer and labor. Microcredit that they have taken used to pay labor and also bought the fertilizer. Keywords : access of microcredit, impact of microcredit, production of organic paddy
APA, Harvard, Vancouver, ISO, and other styles
8

Wati, Dewi Rohma, Nunung Nuryartono, and Lukytawati Anggraeni. "AKSES DAN DAMPAK KREDIT MIKRO TERHADAP PRODUKSI PADI ORGANIK DI KABUPATEN BOGOR." JURNAL EKONOMI DAN KEBIJAKAN PEMBANGUNAN 3, no. 2 (February 4, 2018): 75–94. http://dx.doi.org/10.29244/jekp.3.2.2014.75-94.

Full text
Abstract:
The ultimate problem of organic paddy farm is limited access formal credit due to collateral requirement. Farmers only have access to semi-formal institution like cooperatives and group of farmers (Gapoktan.red) because of simplicity of administration procedure and payment system. The objectives of this study are to analized accessibility of micro-credit to organic paddy farmers in Bogor and its impact to production of organic paddy. With Heckman Sample Selection Model, we found that access of credit influenced negatively by age of farmers, number of household member, membership of farm group, and the acreage of land use. Microcredit give significant impact to production of organic paddy and it is simultaneous with fertilizer and labor. Microcredit that they have taken used to pay labor and also bought the fertilizer. Keywords : access of microcredit, impact of microcredit, production of organic paddy
APA, Harvard, Vancouver, ISO, and other styles
9

Tan, Xiaoping, and Wanlong lin. "Can poor farmers afford higher micro-credit interest rates than the un-poor?" China Agricultural Economic Review 8, no. 1 (February 1, 2016): 100–111. http://dx.doi.org/10.1108/caer-07-2013-0095.

Full text
Abstract:
Purpose – The purpose of this paper is to test whether there is higher return rate of investment for poor farmers than for un-poor farmers and to discuss its implication for poverty reduction microcredit rate policy. Design/methodology/approach – By using the household-level data of six provinces of China, farmer household production function is used in this paper to estimate the investment return rate of farmer. Findings – The paper indicates that regardless which kind of grouping standard is adopted, the investment return rates of poor farmer households in general are far lower than the non-poor. In general, the richer a farmer household, the higher is the return rate of his household productive operations. Practical implications – The study of this paper reminds policy makers that poverty reduction microcredit rate should really take endurance capacity of poor farmers for credit rate into accounting because of the low return rate of their family investment. Exorbitant credit rate should be avoided to protect the credit right of poor farmers. Originality/value – There is seldom study on the comparison of return rates of family operation investment between poor and un-poor farmers; there is also unenough empirical study on the rationality of high interest rate on poor households from the return rate of investment point of view. The authors expect this paper will have some contribution on these two points.
APA, Harvard, Vancouver, ISO, and other styles
10

ROVIDAD, MUHAMMAD, ALI RAZA, and SHAHID AKBAR. "Effects of Microcredit on Crop Productivity in District Charsadda, Khyber Pakhtunkhwa." International Review of Management and Business Research 9, no. 4 (December 7, 2020): 130–37. http://dx.doi.org/10.30543/9-4(2020)-12.

Full text
Abstract:
This study investigates the effects of microcredit on crop productivity in three villages located in district Charsadda, Pakistan. Khushali Bank, Pakistan, is an important institute that finances microcredit ranging from 15,000 to 50,000 PKR (Pakistani Rupees) per person. Sample size of 200 was choose for the analysis of this study, out of which 90 responded. Ninety farmers from three villages producing maize, tobacco, and sugarcane were interviewed. A paired sample t-test was applied to compare crop productivity in situations where microcredit was supplied with situations where it was not. Production per acre of all the three crops show a significant positive correlation with the amount of microcredit obtained from the bank. However, crop productivity remained significantly constant. Thus micro financing generally improves crop production; however, the constancy of crop productivity is explained by small credit volumes, by high interest rates, by lack of modern agricultural technology, by lack of productive ideas, and by bad monitoring through field officers of banks. The analysis of this study suggests some policy implications first, micro financing is a source of encouragement for the needy farmers, so local banks should advertise micro financing regularly. Second, the banks should increase its micro financing credit up to 200000 PKR, so that farmers can easily manage their expenses that will be more beneficial for local economy and individual profit. Third, Banks must decrease interest rate that will encourage needy farmers to take loans on regular basis. Keywords: Agricultural Technology, Microcredit, Productivity, Khushali Bank, KP, Pakistan.
APA, Harvard, Vancouver, ISO, and other styles
11

Jumpah, Emmanuel Tetteh, Emmanuel Kojo Tetteh, and Abdulai Adams. "Microcredit Repayment among Smallholder Farmers: What Microfinance Institutions Need to Know." Asian Journal of Agriculture and Rural Development 8, no. 2 (November 7, 2018): 74–91. http://dx.doi.org/10.18488/journal.1005/2018.8.2/1005.2.74.91.

Full text
Abstract:
Microcredit default among borrowers has been rising in recent years but empirical evidence to ascertain the factors determining repayment remain lacking especially in developing countries like Ghana. This study contributes to addressing this knowledge gap. The study used data of 224 microcredit borrowers from Ada West and Ada East districts to analyse factors determining repayment rate among smallholder farmer borrowers. Applying the logistic regression model, farmer and credit specific characteristics were used to analyse the determinants of microcredit repayment. From the logistic regression, age, gender, income, and number of dependants increase the likelihood of repayment. However, membership of farmer based organization, experience, interest rate, and duration of loan repayment negatively influences loan repayment. The study also found delays in loan disbursement resulted in loan use for unproductive ventures and repayment challenges. In addition, lack of training for borrowers on credit management, and investment procedures adversely impacted on loan repayment. The paper recommends that MFIs should institute measures to train borrowers on loan utilization, focus on women clients, since they have higher probability of repayment, reduce interest rate as well as putting in place mechanisms to reduce cost of operations.
APA, Harvard, Vancouver, ISO, and other styles
12

Ding, Zhao, and Awudu Abdulai. "Smallholder preferences and willingness-to-pay measures for microcredit." China Agricultural Economic Review 10, no. 3 (September 3, 2018): 462–81. http://dx.doi.org/10.1108/caer-02-2017-0022.

Full text
Abstract:
Purpose The purpose of this paper is to examine smallholders’ preferences and willingness to pay for microcredit products with varying attribute combinations, in order to contribute to the debate on the optimal design of rural microcredit. Design/methodology/approach Data used in this study are based on a discrete choice experiment from 552 randomly selected respondents. Mixed logit and latent class models are estimated to examine the choice probability and sources of preference heterogeneity. Endogenous attribute attendance models are applied to account for attribute non-attendance (ANA) phenomenon, focusing on separate non-attendance probability as well as joint non-attendance probability. Findings The results demonstrate that preference heterogeneity and ANA exist in the smallholder farmers’ microcredit choices. Averagely, smallholder farmers prefer longer credit period, smaller credit size, lower transaction costs and lower interest rate. Guarantor collateral method and installment repayment positively affect their preferences as well. Moreover, respondents are found to be willing to pay more for the attributes they consider important. The microcredit providers are able to attract new customers under the current interest rates, if the combination of attributes is appropriately adjusted. Originality/value This study contributes to the debate by assessing the preference trade-off of different microcredit attributes more comprehensively than in previous analyses, by taking preference heterogeneity and ANA into account.
APA, Harvard, Vancouver, ISO, and other styles
13

Mariyono, Joko, Gunistiyo ., Jaka Waskito, Sumarno ., M. Fajar Nurwildani, and Apri Kuntariningsih. "Role of Microcredit and Technology Adoption in Sustaining Farmers’ Welfare." Journal of Rural Development 38, no. 1 (March 15, 2019): 102. http://dx.doi.org/10.25175/jrd/2019/v38/i1/115094.

Full text
APA, Harvard, Vancouver, ISO, and other styles
14

Marku, Egerta. "Rural Microcredit: Evidences From Albania." European Scientific Journal, ESJ 12, no. 10 (April 29, 2016): 104. http://dx.doi.org/10.19044/esj.2016.v12n10p104.

Full text
Abstract:
The purpose of this paper is to analyse the issues and concerns of Albanian rural credit, which is a powerful tool for enhancing production and productivity and for poverty alleviation. Further it highlights some of the strategies adopted by the Albanian government to increase the rural credit facilities in the rural area of Albania. The various problems faced by the farmers in applying for loans are analysed in detail. Rural credits serve as a tool for providing a sustainable livelihood for people who lives in these areas. Several organisations and Microfinance Institutions,. are playing a major role in providing rural credit facilities to rural Albania. to make the rural credit facilities available to most of the needy. In spite of several efforts put up by various organisations to increase the rural credit facilities, several challenges will prevail in the years to come.These aspects of the financial sector remain undervalued in mainstream literature on rural credit. With Albania being a nation in which more than 40 percent of people live in rural areas and rural credit being a powerful, and the only, tool for rural people in providing a means of livelihood, its importance and potential should be known to each individual.
APA, Harvard, Vancouver, ISO, and other styles
15

Benjamin, Tetteh Anang, Sipilainen Timo, Backman Stefan, and Kola Jukka. "Factors influencing smallholder farmers access to agricultural microcredit in Northern Ghana." African Journal of Agricultural Research 10, no. 24 (June 11, 2015): 2460–69. http://dx.doi.org/10.5897/ajar2015.9536.

Full text
APA, Harvard, Vancouver, ISO, and other styles
16

Hossain, Marup, Mohammad Abdul Malek, Md Amzad Hossain, Md Hasib Reza, and Md Shakil Ahmed. "Agricultural Microcredit for Tenant Farmers: Evidence from a Field Experiment in Bangladesh." American Journal of Agricultural Economics 101, no. 3 (October 26, 2018): 692–709. http://dx.doi.org/10.1093/ajae/aay070.

Full text
APA, Harvard, Vancouver, ISO, and other styles
17

Liu, Nan, and Yingdong He. "The ordering of making microcredit loans to farmers based on the IFGIBMs." Soft Computing 23, no. 17 (August 2, 2018): 7741–54. http://dx.doi.org/10.1007/s00500-018-3398-0.

Full text
APA, Harvard, Vancouver, ISO, and other styles
18

Adamu, B. D., and H. Y. Michael. "IMPACT OF DEVELOPMENT EXCHANGE CENTRE (DEC) MICROCREDIT PROGRAMME ON CROP OUTPUT AND STANDARD OF LIVING AMONG WOMEN FARMERS IN KADUNA STATE, NIGERIA." FUDMA JOURNAL OF SCIENCES 5, no. 1 (June 25, 2021): 65–75. http://dx.doi.org/10.33003/fjs-2021-0501-538.

Full text
Abstract:
This study examined the impact of Development Exchange Centre microcredit programme on crops output and standard of living among women farmers in Kaduna State, Nigeria. A multi-stage sampling method was employed to select 420 respondents. Primary data were collected through the use of questionnaires and were subjected to both descriptive and inferential statistics. The mean farming experience was 22 years for DEC participants and 19 years for non-DEC participants while mean farm size for participants and non-DEC participants was 2.0 ha. Determinant of standard of living on programme participants, the study concludes that, age (0.0405, P<0.01), farm size (47.510, P<0.01), education, credit (0.6031, P< 0.01) and extension contact (0.002, P< 0.01), had direct relationship with the standard of living of programme participants, This implies DEC, increase the standard of living of programme participants in Kaduna State. Determinant of crops output of programme participants shows that, farm size (0.046, P<0.01), credit (0.821, P< 0.01), extension contact (0.0542, P< 0.05). F-chow statistics shows that DEC microcredit had positive impact on crops output of programme participants. Z – statistics also indicated positive impact on living standard of the participants. It was recommended that, DEC microcredit organization should increase the amount of loan disbursement to N100, 000, so as to increase participation; extend the repayment period, lowered interest rates and extend the programme to other farming communities in Kaduna State, there by improving the standard of living of women farmers in the state
APA, Harvard, Vancouver, ISO, and other styles
19

CHRISTOPOULOS, TANIA PEREIRA, and LAURO GONZALEZ. "ACHIEVING FAMILY FARMERS' DEMANDS FOR MICROCREDIT THROUGH CREDIT UNIONS: A FRAMEWORK FOR DISCUSSION." RAM. Revista de Administração Mackenzie 18, no. 5 (October 2017): 116–43. http://dx.doi.org/10.1590/1678-69712017/administracao.v18n5p116-143.

Full text
APA, Harvard, Vancouver, ISO, and other styles
20

Tetteh Jumpah, Emmanuel, and Abdulai Adams. "Resolving the Constraints in Accessing Microcredit: The Neglected Views of the Smallholder Farmers." International Journal of Social and Administrative Sciences 5, no. 1 (2020): 1–15. http://dx.doi.org/10.18488/journal.136.2020.51.1.15.

Full text
APA, Harvard, Vancouver, ISO, and other styles
21

Ogouvide, Tchekpo Fortune, Ygue Patrice Adegbola, Roch Cedrique Zossou, Afio Zannou, and Gauthier Biaou. "Farmers' preferences and willingness to pay for microcredit in Benin: results from in-the-field choice experiments in Benin." Agricultural Finance Review 80, no. 5 (May 8, 2020): 665–92. http://dx.doi.org/10.1108/afr-01-2020-0004.

Full text
Abstract:
PurposeThis document analyses farmers' preferences and willingness to pay (CAP) for microcredit, in order to facilitate their access in rural areas.Design/methodology/approachData are based on a discrete choice experiment with 400 randomly selected farmers from 20 villages of the 7 Benin agricultural development hubs (ADHs). The preference choice modelling was performed using mixed logit (MXL) and latent class logit (LCL) models. Farmers' willingness to pay for each preferred attribute was estimated. The endogenous attribute attendance (EAA) model was also used to capture attribute non-attendance (ANA) phenomenon.FindingsThe results indicate that, on average, farmers prefer individual loans, low interest rates, in kind + cash loans, cash loans, disbursement before planting and loans with at least 10-month duration. These preferences vary according to farmers' classes. Farmers are willing to pay higher or lower interest rates depending on attribute importance. The estimate of the EAA model indicates that, when taking the ANA phenomenon into consideration, people will show stronger attitudes regarding WTP for important factors.Research limitations/implicationsBased on these results from Benin, microfinance institutions (MFIs) in developing countries can, based on the interest rates currently charged, attract more farmers as customers, reviewing the combination of the levels of the attributes associated with the nature of the loan, the type of loan (individual or collective), the disbursement period of funds, the waiting period of the loan and the loan duration. However, the study only considered production credit, ignoring equipment or investment credit.Practical implicationsThe document provides information on the key factors that can facilitate producers' access to MFI products and services.Social implicationsFacilitating small farmers' access to financial service will contribute to poverty reduction.Originality/valueThis research contributes to the knowledge of the attributes and attribute levels favoured by farmers when choosing financial products and the amounts they agree to pay for these attributes. The implementation of the results would facilitate small producers' access to financial services; thus contributing to poverty reduction.
APA, Harvard, Vancouver, ISO, and other styles
22

Appiah-Twumasi, Mark, Samuel A. Donkoh, and Isaac Gershon Kodwo Ansah. "Farmer innovations in financing smallholder maize production in Northern Ghana." Agricultural Finance Review 80, no. 3 (December 30, 2019): 421–36. http://dx.doi.org/10.1108/afr-05-2019-0059.

Full text
Abstract:
Purpose The purpose of this paper is to explore smallholder agricultural financing in Ghana’s Northern region by identifying farmers’ preferred traditional and innovative financing methods and estimating the determinants of use of innovative financing methods. Design/methodology/approach This paper presented a list of documented traditional financing methods to farmers during in-depth interviews and employed descriptive statistics to summarize choice and amounts sourced from traditional methods. Two questions from the survey revealed a felt need for extra financing sources for credit-rationed farmers. Farmers with positive responses to either or both questions were classified as “users of innovative financing”. The authors then used a probit model to examine factors that influence decisions to use innovative financing method. Findings Farmers’ own savings, reinvesting past season’s profits and financing maize production with income from other commercial crops were the most popular traditional methods. The authors found complementary relations between formal and informal lending systems in the rural financial market. Smallholders also took farm and non-farm “by-day” jobs to raise income for farm investment and/or joined Village Savings and Loans Associations (VSLAs) specifically to take advantage of possible credit opportunities. These two latter methods were operationalized in this study as innovative agricultural financing. The results show that access to credit, social capital and market participation increased the likelihood of using innovative financing methods. Alternatively, farmer group membership, diversity in crop production and being a household head diminished the likelihood of innovative financing use. Practical implications The activities of VSLAs can be regulated and expanded to spread its benefits to more farmers. Also, creating avenues for dry season labour market participation in the region could enable farmers raise capital for farm investment. Originality/value This study explores existing practices and farmer innovations to agricultural financing and, by so doing, deviates from the vast literature focussing mainly on microcredit provisioning as the main model of smallholder agricultural financing in Africa.
APA, Harvard, Vancouver, ISO, and other styles
23

Hagberg, Sten, Girmay Haylemariam, Kaatje Segers, Mitiku Haile, Jozef Deckers, Joost Dessein, and Patrick Develtere. "The Role of Farmers and Informal Institutions in Microcredit Programs in Tigray, Northern Ethiopia." Perspectives on Global Development and Technology 9, no. 3-4 (2010): 520–44. http://dx.doi.org/10.1163/156914910x499804.

Full text
APA, Harvard, Vancouver, ISO, and other styles
24

Djoumessi, Yannick, Victor Afari-Sefa, Cyrille Bergaly Kamdem, and Jean-Claude Bidogeza. "Socio-economic and institutional factors underlying efficiency of smallholder vegetable farms in Southwest region of Cameroon." International Journal of Social Economics 45, no. 1 (January 8, 2018): 93–106. http://dx.doi.org/10.1108/ijse-09-2016-0256.

Full text
Abstract:
Purpose The purpose of this paper is to examine the efficiency of vegetable farmers within the tree-crop based rainforest agro-ecological zone in Southwest region of Cameroon. Design/methodology/approach The non-parametric data envelopment analysis method was used to evaluate technical and scale efficiencies while the Tobit model was used to identify factors affecting efficiency of vegetable production. Findings An econometric analysis result indicates that family size, education and extension service have significant impact on both technical and scale efficiencies, whereas credit service has significant impact on scale efficiency. Practical implications Future agricultural policies could include measures to improve the capacity of farmers to efficiently use existing resources. Social implications The study highlighted that encouraging more people to engage in farm labor and facilitating smallholder access to microcredit could render vegetable farmers more efficient. Originality/value In Cameroon, only a few studies have been conducted on technical efficiency. These encompass mainly cash and food crops. To the best of our knowledge, no single study has measured technical efficiency of vegetable farmers in forest-based farming of Cameroon.
APA, Harvard, Vancouver, ISO, and other styles
25

Omitoyin, S. A., and O. H. Sanda. "Sources and Uses of Microcredit in Poverty Alleviation among Fish Farmers in Osun State, Nigeria." Journal of Fisheries and Aquatic Science 8, no. 1 (December 15, 2012): 154–59. http://dx.doi.org/10.3923/jfas.2013.154.159.

Full text
APA, Harvard, Vancouver, ISO, and other styles
26

Poudel, Gehanath, and Binod Pokharel. "Women’s Empowerment Through Small Farmers’ Cooperatives: A Case Study from Eastern Nepal." Journal of Advanced Academic Research 4, no. 2 (April 1, 2018): 68–78. http://dx.doi.org/10.3126/jaar.v4i2.19536.

Full text
Abstract:
Small farmers cooperative limited (SFCL) is one of the very effective microcredit programs. It supports the rural farmer especially poor, marginalized, disadvantage and women of society by providing the saving and credit facilities. It has aimed to improve the socio-economic status of people and reduce the poverty level. The study aims to identify the contribution of SFCL on socio-cultural and political empowerment of Nepalese women. The study was conducted in Ilam district among the 522 women beneficiaries of SFCL. The data were collected by applying the mixed method. Census method was used for this study. The analysis of data found that there was significant difference in socio-cultural and political empowerment of women after involving in SFCL program. Women have been empowered to maintain the social relationship, reduce the gender disparity, involve in social program, and participate in political program through SFCL activities. Women have expanded their network of relationship through saving and credit program. This study argues that women’s access to economic resources changes their social status at household and community level. The study shows the need of expansion of SFCL program in hard-to-reach areas also to empower the socially disadvantaged groups.
APA, Harvard, Vancouver, ISO, and other styles
27

Delija, Alma. "The Impact of the SME Financing by MFIs in Albania." Mediterranean Journal of Social Sciences 8, no. 3 (May 24, 2017): 315–20. http://dx.doi.org/10.5901/mjss.2017.v8n3p315.

Full text
Abstract:
Abstract In this research are presented research results from the data collected and studied through direct interviews with farmers and SMEs in Albania. This study aims to analyze the importance of SME financing by MFIs and identify the role of microfinance in their growth and development. Aim remains the determination of the bonding strength and influence of every one of the critical factors to take into analysis. To measure the impact of microcredit critical factors in order to improve the performance of MFIs. These results are generated through an empirical analysis of IMFs in Albania and broke the are-consistent with the theory.
APA, Harvard, Vancouver, ISO, and other styles
28

Mahmud, Kazi Tanvir, and David Hilton. "Does Microcredit Really Matter for Healthcare Expenditure of the Poor Fish-Farmers? Perspective from Rural Bangladesh." Journal of Poverty 24, no. 2 (October 1, 2019): 147–67. http://dx.doi.org/10.1080/10875549.2019.1668901.

Full text
APA, Harvard, Vancouver, ISO, and other styles
29

Misra, A. K., C. A. Rama Rao, K. V. Subrahmanyam, and Y. S. Ramakrishna. "Improving Dairy Production in India's Rainfed Agroecosystem: Constraints and Strategies." Outlook on Agriculture 38, no. 3 (September 2009): 284–92. http://dx.doi.org/10.5367/000000009789396766.

Full text
Abstract:
A rainfed agroecosystem occupies 68% of India's cultivated area and supports 40% of the human and 65% of the livestock population. Dairy production is an important component of rural development programmes in rainfed areas to improve the livelihoods of farmers. The objective of the study was to characterize the status of smallholder dairy production systems in rainfed areas to generate information that would assist in designing strategies for dairy development programmes. These objectives were achieved by adopting a participatory system approach, which uses diagnostic survey and techniques of participatory rural appraisal. The dairy production systems in rainfed areas are complex and are generally based on traditional and socioeconomic considerations, guided largely by the available feed resources. A scarcity of feed and fodder resources (both quantity and quality), the low production potential of animals, the non-availability of critical inputs or services in time, along with access to capital and markets, were the primary reasons for the low productivity of dairy animals. The study suggests that farmer participation is essential for developing and promoting technical interventions. A favourable policy environment in terms of access to microcredit, assured market and veterinary services will have to be provided, and socioeconomic and technical constraints need to be addressed. Animal health camps and on-farm trials need to be conducted to create awareness among farmers about better dairy production practices.
APA, Harvard, Vancouver, ISO, and other styles
30

Weber, Ron, and Oliver Musshoff. "Is agricultural microcredit really more risky? Evidence from Tanzania." Agricultural Finance Review 72, no. 3 (November 2, 2012): 416–35. http://dx.doi.org/10.1108/00021461211277268.

Full text
Abstract:
PurposeUsing a unique dataset of a commercial microfinance institution (MFI) in Tanzania, the purpose of this paper is to investigate first whether agricultural firms have a different probability to get a loan and whether their loans are differently volume rationed than loans to non‐agricultural firms. Second, the paper analyzes whether agricultural firms repay their loans with different delinquencies than non‐agricultural firms.Design/methodology/approachThe authors estimate a Probit‐Model for the probability of receiving a loan, a Heckman‐Model to investigate the magnitude of volume rationing for all loan applications and an OLS‐Model to examine the loan delinquencies of all microloans disbursed by the MFI.FindingsThe results reveal that agricultural firms face higher obstacles to get credit but as soon as they have access to credit, their loans are not differently volume rationed than those of non‐agricultural firms. Furthermore, agricultural firms are less often delinquent when paying back their loans than non‐agricultural firms.Research limitations/implicationsEven if the authors can show that access to credit and loan repayment is different for agricultural firms, the current regional focus of the MFI only allows for lending to agricultural firms in the greater Dar es Salaam area. Thus, these results might change in a rural setting. Besides general differences of the rural economic environment, the production type of agricultural firms might also differ in rural areas. Also, these results might change in different country contexts.Practical implicationsThe findings suggest that a higher risk exposition typically attributed to agricultural production must not necessarily lead to higher credit risk. They also show that the investigated MFI overestimates the credit risk of agricultural clients and, hence, should reconsider its risk assessment practice to be able to increase lending to the agricultural sector. In addition, the results might indicate that farmers qualify less often for a loan as they do not fit into the standard microcredit product.Originality/valueTo the authors' knowledge, this is the first paper which simultaneously investigates access to credit and the repayment behavior of agricultural firms.
APA, Harvard, Vancouver, ISO, and other styles
31

Carmona, Juan, and James Simpson. "El microcrédito antes de las cooperativas: pósitos y crédito público agrario en España en vísperas de la Gran Guerra." Historia Agraria. Revista de agricultura e historia rural, no. 77 (December 4, 2018): 169–99. http://dx.doi.org/10.26882/histagrar.077e07c.

Full text
Abstract:
The economic development literature has highlighted the importance of microcredit institutions in providing cheap credit to farmers in poor countr ies or regions. In the Spanish case, the pósitos, village grain banks found throughout most of the countr y, played this role for centuries. This article, using government reports of 1912 to 1914, not only attempts to measure the success of these village organizations, but also the problems to adapt them to the needs of modern agriculture. We show that the pósitos could be ver y impor tant at the local level, restricting the development of cooperatives, but that they could not take deposits, and lacked an organizational structure to create networks or federations.
APA, Harvard, Vancouver, ISO, and other styles
32

Shee, Apurba, Calum G. Turvey, and Joshua Woodard. "A field study for assessing risk-contingent credit for Kenyan pastoralists and dairy farmers." Agricultural Finance Review 75, no. 3 (September 7, 2015): 330–48. http://dx.doi.org/10.1108/afr-07-2015-0030.

Full text
Abstract:
Purpose – The purpose of this paper is to assess the feasibility of risk-contingent credit (RCC) by presenting an experimental and participatory game designed to explain the concept of RCC to Kenyan pastoralists and dairy farmers. The paper investigates the uptake potential of RCC through qualitative assessment of field experiments and focus groups. Design/methodology/approach – The paper presents a method of community engagement through a participatory game played in a series of Focus Group Discussions (FGDs). The paper also presents theoretical justification of RCC in credit market structure. Findings – The game effectively explains the concept and mechanism of RCC by reflecting local situation and production potential. Participatory exercises within focus group discussions indicate that there exists a strong interest and support for RCC. Research limitations/implications – The methodology described in this paper can be used in extension programs for promoting innovative rural microcredit in developing countries but should be modified according to the local production and associated weather and market risks. Originality/value – Micro-insurance and credit program delivery can be improved by the innovative approach of community engagement for explaining financial products.
APA, Harvard, Vancouver, ISO, and other styles
33

Edet, O. G., E. E. Agbachom, and E. D. Uwah. "The effect of microcredit on technical efficiency of smallholder rice farmers in Ikot Ekpene Agricultural Zone, Akwa Ibom State, Nigeria." Global Journal of Agricultural Sciences 18, no. 1 (August 1, 2019): 73. http://dx.doi.org/10.4314/gjass.v18i1.8.

Full text
APA, Harvard, Vancouver, ISO, and other styles
34

Namayengo, Faith, Johan A. C. Van Ophem, and Gerrit Antonides. "Women and microcredit in rural agrarian households of Uganda: Match or mismatch between lender and borrower?" Applied Studies in Agribusiness and Commerce 10, no. 2-3 (August 1, 2016): 77–88. http://dx.doi.org/10.19041/apstract/2016/2-3/9.

Full text
Abstract:
The alignment of microfinance programs with the context and expectations of the recipients is critical for ensuring clients’ satisfaction and desired program outcomes. This study sought to investigate the extent to which the objectives and design of the BRAC microfinance program match the expectations, context and characteristics of female borrowers in a rural agrarian setting in Uganda. Quantitative and qualitative methods were used to obtain socio-demographic, personality and microenterprise (ME) characteristics of existing borrowers, incoming borrowers and non-borrowers and to obtain information about the microcredit program. We found that BRAC uses a modified Grameen group-lending model to provide small, high-interest rate production loans and follows a rigorous loan processing and recovery procedure. BRAC clients are mainly poor subsistence farmers who derive income from diverse farming and non-farm activities. The major objective to borrow is to meet lump-sum monetary needs usually for school fees and for investment in informal small non-farm businesses. Many borrowers use diverse sources of funds to meet repayment obligations. Defaulting on loans is quite low. The stress caused by weekly loan repayment and resolution of lump-sum cash needs were identified as reasons for women to stop borrowing. The limited loan amounts, the diversions of loans to non-production activities, the stages of the businesses and the weekly recovery program without a grace period may limit the contribution of these loans to ME expansion and increase in income.
APA, Harvard, Vancouver, ISO, and other styles
35

Kong, Rong, Calum Turvey, Xiaolan Xu, and Fei Liu. "Borrower attitudes, lender attitudes and agricultural lending in rural China." International Journal of Bank Marketing 32, no. 2 (April 1, 2014): 104–29. http://dx.doi.org/10.1108/ijbm-08-2013-0087.

Full text
Abstract:
Purpose – The purpose of this paper is to investigate the lender-borrower relationship as it relates to Sannong loans for agricultural and rural financial markets by Rural Credit Cooperatives (RCCs) and other rural lenders. This paper is motivated by recent reforms to the rural credit market designed to encourage increased lending, particularly to farmers. Little is understood about the lender-borrower relationship in rural China. This paper fills that gap. Design/methodology/approach – The paper investigates relational attitudes between 120 loan officers at RCCs in China's costal Shandong province, paired with a field survey using matched questions to 394 farm households in the same region. Pairing lenders’ perception toward borrowers regarding RCC microcredit lending mechanism, against borrowers’ perception toward lenders and how themselves were perceived by lenders in the same regards, the paper investigates the degree of disconnect between lenders and with distinct cluster groupings based on their perceptions, the paper analyzes the influence of demographics on the borrower and lender cluster memberships. Findings – The paper identifies four borrower clusters and two lender clusters. Borrower clusters are segmented on credit access and satisfaction with their rural lender. The paper also identifies two lender clusters, segmented principally on financial incentives and lending activities. While all lenders view farming with higher regard than farmers believe they do, one cluster is clearly pro-farmer while the second is somewhat indifferent. Indifference is more related to current portfolio activities. The paper draws conclusions that policy initiatives should be put in place at RCCs that close the gap between lender and borrower in their credit relationship. Rural lenders should concentrate on advocating RCCs’ care and trust toward agriculture and farm households. At the institutional level, effort should be extended to train a dedicated team of loan officers that specialize in servicing farm households with standardized lending practices. This research provides financial institutions with outreach mechanisms to borrowers, while also training lenders to borrowers’ sensitivities. Originality/value – Management studies of RCCs are few. This is the first paper that the authors are aware of that studies farmer and lender attitudes on the same scale.
APA, Harvard, Vancouver, ISO, and other styles
36

Pisani, Michael J., and David W. Yoskowitz. "Microcredit and Micro and Small Enterprise Development in Belize, Central America: A Qualitative Study of the Small Farmers and Business Bank, Ltd." Latin American Business Review 5, no. 1 (October 6, 2004): 45–69. http://dx.doi.org/10.1300/j140v05n01_03.

Full text
APA, Harvard, Vancouver, ISO, and other styles
37

Al-Maruf, Abdullah, Sumyia Akter Mira, Tasnim Nazira Rida, Md Saifur Rahman, Pradip Kumar Sarker, and J. Craig Jenkins. "Piloting a Weather-Index-Based Crop Insurance System in Bangladesh: Understanding the Challenges of Financial Instruments for Tackling Climate Risks." Sustainability 13, no. 15 (August 2, 2021): 8616. http://dx.doi.org/10.3390/su13158616.

Full text
Abstract:
Bangladesh is one of the most vulnerable countries in the world to extreme climate events. With over 60% of its population living in rural areas, over a third of which lives under the poverty line and depends on agriculture, these climate stresses constitute a major challenge. The traditional financial instruments, e.g., microcredit and relief programs, continue today. However, how climate risk can be tackled through innovative financial instruments focusing on agriculture farms and farmers is crucial. Considering this issue, the Sadharan Bima Corporation and the Bangladesh Meteorological Department joined forces in 2014 to launch a $2.5 million three-year pilot project on weather-index-based crop insurance (WIBCI) executed by the Financial Institutions Division of the Bangladesh government’s Ministry of Finance. This study examined the basic strategy of this pilot project, the major challenges confronted, and possible solutions for creating a successful weather-index-based crop insurance scheme in Bangladesh. We relied on key informant interviews, informal discussions, focus group discussions, and in-depth interviews with the major stakeholders of the WIBCI pilot. These showed the WIBCI pilot to be a promising initiative that still faces problems from limited weather data, a costly business operations system, farmer insurance illiteracy, and fatalism, as well as problems with designing insurance products and recruiting qualified personnel. We compared this WIBCI pilot against the challenges of other projects, recommending best practices for a viable weather-index-based crop insurance system. The insurance mechanism of this study may apply to other vegetation sectors of Bangladesh, e.g., forest plantation or agroforestry for protecting natural resources from natural disasters.
APA, Harvard, Vancouver, ISO, and other styles
38

Perera, S. M. S. D., S. N. Dissanayake, D. Rajapaksa, and A. I. Y. Lankapura. "Does Microcredit Play a Role in Improving the Technical Efficiency of Paddy Farmers? A Case Study in the Anuradhapura District of Sri Lanka." Sri Lankan Journal of Agriculture and Ecosystems 3, no. 1 (June 29, 2021): 167. http://dx.doi.org/10.4038/sljae.v3i1.66.

Full text
APA, Harvard, Vancouver, ISO, and other styles
39

HODGES, R. J., J. C. BUZBY, and B. BENNETT. "Postharvest losses and waste in developed and less developed countries: opportunities to improve resource use." Journal of Agricultural Science 149, S1 (November 19, 2010): 37–45. http://dx.doi.org/10.1017/s0021859610000936.

Full text
Abstract:
SUMMARYThis review compares and contrasts postharvest food losses (PHLs) and waste in developed countries (especially the USA and the UK) with those in less developed countries (LDCs), especially the case of cereals in sub-Saharan Africa. Reducing food losses offers an important way of increasing food availability without requiring additional production resources, and in LDCs it can contribute to rural development and poverty reduction by improving agribusiness livelihoods. The critical factors governing PHLs and food waste are mostly after the farm gate in developed countries but before the farm gate in LDCs. In the foreseeable future (e.g. up to 2030), the main drivers for reducing PHLs differ: in the developed world, they include consumer education campaigns, carefully targeted taxation and private and public sector partnerships sharing the responsibility for loss reduction. The LDCs’ drivers include more widespread education of farmers in the causes of PHLs; better infrastructure to connect smallholders to markets; more effective value chains that provide sufficient financial incentives at the producer level; opportunities to adopt collective marketing and better technologies supported by access to microcredit; and the public and private sectors sharing the investment costs and risks in market-orientated interventions.
APA, Harvard, Vancouver, ISO, and other styles
40

Odoom, Daniel. "Relevance of Cocoa Life Project Interventions to Community Development in Rural Ghana: Exploring the Views of Beneficiaries in Wassa East District." Journal of Development and Communication Studies 8, no. 1 (March 10, 2021): 22–48. http://dx.doi.org/10.4314/jdcs.v8i1.2.

Full text
Abstract:
This study investigated the relevance of Cocoa Life Project interventions implemented by World Vision Ghana to the development of beneficiary communities using the Wassa East District as a case. The views of members who were mostly farmers, gari processors, soap makers, and members of village savings and loans associations from beneficiary communities were considered in a sequential-dependence mixed method research approach. A total of 406 respondents were selected using stratified, simple random and convenience sampling methods, with 84.2 percent response rate for the quantitative data. Research instruments were interview schedule and focus group discussion guide. Means and standard deviation were used for quantitative analysis whilst thematic analysis was done for the qualitative data. The study observed that WVG’s project interventions were highly relevant to education, business development, financial literacy, microcredit facilities, agriculture, and livelihood diversification within beneficiary communities. Also, awareness creation was one of the main communication tools WVG relied upon in promoting community development in the district. Though the interventions led to behaviour change, there were concerns with the overall change in behaviour within the communities. Besides, beneficiary communities had diverse development needs which could only be understood through appropriate and well-planned development communication strategies and approaches. As part of the recommendations, WVG should collaborate with Mondelez International and local authorities to come out with measures to improve upon job creation, behaviour change at the community level, health care services, and water and sanitation in Cocoa Life communities.
APA, Harvard, Vancouver, ISO, and other styles
41

Mutamuliza, Eularie, K. Vishwanatha, and SR Mbaraka. "Determinants of smallholder farmers’ participation in microfinance markets in Huye district, southern province, Rwanda." African Journal of Food, Agriculture, Nutrition and Development 21, no. 07 (September 2, 2021): 18319–29. http://dx.doi.org/10.18697/ajfand.102.19445.

Full text
Abstract:
Microfinance markets play a significant role in enhancing socio-economic development of developing countries. In Rwanda, access to microfinance in financing agriculture is very important for future development. Despite this development, smallholder farmers still have limited access to institutional financial services. This study assessed factors that affect smallholder farmers’ participation in microfinance markets in three sectors of Maraba, Mukura and Ngoma in Huye district in Southern province of Rwanda. Primary data were collected using questionnaires and personal interviews. A total of 300 respondents were selected using a simple random sampling technique from participants and non-participants in microfinance markets. Data collected were analyzed through descriptive statistics and Probit regression model. Results from descriptive statistics revealed that major sources of income were farming and business activities. Findings revealed also that each household had an average of about five members with standard deviation of 1.901 and mean value of household land size of 1.87 ha with standards deviation of 0.758. Findings from Probit analysis revealed that household size, education, total annual income, cooperative membership, and household savings had a positive and significant effect on smallholder farmers’ participation in microfinance markets. Distance from microfinance institutions negatively influenced participation in microfinance markets. Households that were located far from to the microfinance institutions were less likely to participate in microfinance markets compared to those nearer to the institutions. This study recommends microfinance institutions in Rwanda to expand their financial systems to enable smallholder farmers access affordable agricultural finance. Further, there is need for microfinance institutions to create more awareness programs to help smallholder farmers get key information related to microfinance services. This is expected to influence smallholder farmers’ willingness to apply for microcredits for agricultural development. This will in the long-run help the smallholder farmers to adopt new practices and technologies thus increasing their agricultural production.
APA, Harvard, Vancouver, ISO, and other styles
42

Zahirul Haque, A. K. M. "Demand-Supply Disparity: How to Design Smallholder Farmers-Friendly Microcredit?" European Journal of Business and Management Research 5, no. 4 (August 31, 2020). http://dx.doi.org/10.24018/ejbmr.2020.5.4.375.

Full text
Abstract:
Criticisms are aplenty that formal credit system such as microcredit is not inclusive to cater for the need of smallholder farmers. This paper analyses the existing literature to find out the limitation of microcredit to fulfil the need of smallholder farmers. The paper found that microcredit for smallholder farmers encompasses either ex ante flexibility or ex post flexibility. However, smallholder farmers need both ex ante and ex post flexibility due to their small, irregular and uncertain income. The current paper suggests that there is a need to revise existing microcredit modality by including both ex ante and ex post flexibility in order to make microcredit more inclusive for smallholder farmers.
APA, Harvard, Vancouver, ISO, and other styles
43

Obisesan, Omobolaji Olubukunmi, Olusegun Bankole Ojewumi, and Adekunle Akintunde Obisesan. "Microcredit and Farmers’ Productivity in Osun State, Nigeria." Asian Journal of Agricultural Extension, Economics & Sociology, April 6, 2019, 1–11. http://dx.doi.org/10.9734/ajaees/2019/v31i330131.

Full text
Abstract:
The present work examined micro-credit and farmers’ productivity in Osun State, Nigeria. A total of 140 respondents were interviewed using structured questionnaires. Data obtained was analyzed using descriptive statistics and Tobit regression model. The research showed there was a significant relationship between household size (β=0.623), farming experience (β=0.858) and loan condition (β=1.29) on the acquisition of credit by farmers. Income generated was used as a proxy for productivity, and it was in the minimum of N20,000 per planting season. Interest rate had a negative relationship with credit acquisition which implied the majority of the farmers patronized the informal sources of credit. The research showed that loan conditions from informal sources was favorable compared to that from formal sources; and a reason for the high patronage. This, therefore, suggests that formal lending institutions should relax agricultural lending condition and provide credit for agricultural purposes to increase the productivity of farmers.
APA, Harvard, Vancouver, ISO, and other styles
44

Tan, Deborah Shu Yi, Track Tze Tuan Tan, Shao Tong Ling, and John A. Donaldson. "Obstacles to Accessing Pro-Poor Microcredit Programs in China: Evidence from Penggan Village, Guizhou." Modern China, October 3, 2019, 009770041987880. http://dx.doi.org/10.1177/0097700419878800.

Full text
Abstract:
Why do poor farmers not take up microcredit loans, even when the terms are designed to be pro-poor? Fieldwork in a village in China’s Guizhou province revealed a puzzle: although the county government had designed a loan program that was intended to be unusually pro-poor, only three of the 349 eligible households had successfully applied. This article analyzes three potential hypotheses: farmer failure (risk aversion or financial illiteracy), market failure (lack of viable or stable market opportunities), and institutional failure (structural or institutional barriers precluding taking up loans). Based on evidence from intensive interviews, we reject the first hypothesis, and conclude that the persistence of structural and institutional barriers can preclude the poor from taking up loans. However, even if these barriers are overcome, we suggest that microcredit loans should be integrated into a larger development policy designed to stimulate the market and market opportunities in which the poor can participate.
APA, Harvard, Vancouver, ISO, and other styles
45

Onuwa, Godfrey, Samuel Vihi, Jesse Birma, Alex Dalla, and Bassey Emmanuel. "DETERMINANTS OF MICROCREDIT DISBURSEMENT TO RURAL FARMERS FROM ABIA STATE UNIVERSITY MICROFINANCE BANK, NIGERIA." International Journal of Advanced Academic Research, 2015, 56–65. http://dx.doi.org/10.46654/ij.24889849.e6915.

Full text
APA, Harvard, Vancouver, ISO, and other styles
46

Mahmud, Kazi Tanvir, Tahsina Akbar, and Asif Parvez. "Can microcredit improve the risk management capacity of the poor fish farmers? Evidence from Bangladesh." Journal of Poverty, August 26, 2020, 1–20. http://dx.doi.org/10.1080/10875549.2020.1799286.

Full text
APA, Harvard, Vancouver, ISO, and other styles
47

Mahmud, Kazi Tanvir, A. B. M. Mahfuzul Haque, Ishraat Saira Wahid, Asif Parvez, and Fahima Kabir. "Impact of microcredit on the household income and expenditure of the fish farmers: Bangladesh perspective." Aquaculture Economics & Management, August 13, 2021, 1–13. http://dx.doi.org/10.1080/13657305.2021.1963350.

Full text
APA, Harvard, Vancouver, ISO, and other styles
48

Ogunleye, Ayodeji Sunday. "SOCIAL CAPITAL NETWORKS, MICROCREDIT AND POVERTY STATUS OF RURAL HOUSEHOLDS IN NIGERIA." Journal of Agribusiness and Rural Development 58, no. 4 (December 29, 2020). http://dx.doi.org/10.17306/j.jard.2020.01346.

Full text
Abstract:
This study examined how social capital networks contribute to rural households’ poverty status in Southwestern Nigeria. A multistage sampling procedure was used to select a total of 300 households for this study. A structured questionnaire was used to obtain information and data were analyzed using descriptive statistics, Foster, Greer and Thorbecke (FGT) poverty measure and Two-Stage Least Square model (2SLS). Results showed that poverty incidence, depth and severity were 60%, 46.70% and 20.10% respectively among the sampled households. The results indicated that forms of social capital networks in the study area include cooperative societies, family and friends, farmers’, professional career, religious, and microfinance groups. The results further showed that 66.00% of the households in the study area sourced microcredit from cooperative societies. The 2SLS estimate showed that the coefficient of the aggregate social capital index (β =730.83, p < 0.05) also showed a positive, significant relationship with household per capital expenditure. The result indicated that a unit increase in social capital network index of the household would increase household per capita expenditure in the study area by N730.83. The study concluded that membership of social capital networks positive influence households’ access to access to microcredit and poverty reduction.
APA, Harvard, Vancouver, ISO, and other styles
49

Possner, Annkathrin, Selina Bruns, and Oliver Musshoff. "A Cambodian smallholder farmer's choice between microfinance institutes and informal commercial moneylenders: the role of risk attitude." Agricultural Finance Review ahead-of-print, ahead-of-print (February 24, 2021). http://dx.doi.org/10.1108/afr-07-2020-0105.

Full text
Abstract:
PurposeThe purpose of this paper is to examine the extent to which individual risk attitude determines a Cambodian smallholder's choice between a commercial informal loan and a credit from a licensed microfinance institution.Design/methodology/approachThe paper analyzes a sample of smallholder farmers in the Ratanakiri province in northeastern Cambodia, a country with a long history of microfinance and a saturated microcredit market. Employing a binary and a multinomial logit model, this paper assesses the effect of individual risk attitude on the choice of a financial instrument.FindingsThe results reveal a statistically significant relationship between the choice of a credit source and an individual's risk attitude: On average (c.p.) the less risk averse the smallholder is, the more they tend to prefer an unlicensed commercial lender.Practical implicationsThe findings suggest that less risk-averse individuals tend to take up riskier and generally more expensive informal loans. Measures to increase the safe access to financial services for less risk-averse borrowers as well as improvements in financial literacy should be undertaken to protect smallholders from taking risky choices.Originality/valueAlthough existing studies have examined the importance of risk attitudes between credit provider and borrower, they focus mainly on the lender's perspective. This paper provides new insights on how risk attitude influences the borrower's choice in Cambodia. Thus, this study is relevant for policymakers in countries with oversaturated microcredit markets and a high prevalence of informal lenders.
APA, Harvard, Vancouver, ISO, and other styles
50

Sagbo, Nicaise Sheila M., and Yoko Kusunose. "Does experience with agricultural loans improve farmers' well-being? Evidence from Benin." Agricultural Finance Review ahead-of-print, ahead-of-print (December 30, 2020). http://dx.doi.org/10.1108/afr-06-2020-0082.

Full text
Abstract:
PurposeThe purpose of this study is to examine the effect of loans provided by Benin's largest microlender.Design/methodology/approachA pipeline design and matching techniques contribute for identifying the causal effect. The loan treatment considered is loan experience. It includes program entry timing, take-up frequency and the amount obtained over six years. The study uses a cluster analysis to create comparison groups.FindingsExperience with agricultural loans has a statistically significantly positive effect on recipients' farm income, food security and women's empowerment. Though unusual, these positive results can be credited to the very low rate of loan repurposing and mostly to the lender's rigorous loan implementation strategy.Practical implicationsThe study results validate the hypothesis underlying development strategies that target women regarding loan programs. The study provides a simple yet valuable lesson for future credit impact evaluations: the context of the loan program as well as the evaluation indicators is essential.Social implicationsThis study’s findings suggest that microcredit, when offered judiciously and with support, can improve farmers' conditions.Originality/valueGiven the relatively long period studied, the analysis has been innovative in defining loan treatment and creating reliable treatment groups. Also to the best of the authors’ knowledge, this study is the first of its kind in Benin.
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography